A retirement system is established and placed under the management of the board of trustees for the purpose of providing retirement allowances and other benefits under this chapter for employees of the state and political subdivisions thereof. It shall have the powers and privileges of a corporation and the right to bring and defend actions and to implead and be impleaded. It shall be known as the “Employees’ Retirement System of Georgia,” and by such name all of its business shall be transacted, all of its funds invested, and all of its cash and securities and other property held.
History. Ga. L. 1949, p. 138, § 2.
Structure Georgia Code
Title 47 - Retirement and Pensions
Chapter 2 - Employees’ Retirement System of Georgia
Article 2 - Creation, Administration, and Management of the Assets of the Retirement System
§ 47-2-24. Designation of Medical Board; Duties
§ 47-2-25. Legal Adviser of the Board of Trustees
§ 47-2-29. Postretirement Benefit Adjustments
§ 47-2-30. Deposits of Cash Available for Disbursements for Benefits and Other Payments
§ 47-2-31. Investment Powers; Power to Employ Agents as Investment Advisers and to Make Investments